NYSE:ENV - Envestnet Stock Price, Price Target & More

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Envestnet Inc (NYSE:ENV) released its earnings results on Wednesday, May, 9th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.01. The business services provider earned $198 million during the quarter, compared to analyst estimates of $194 million. Envestnet had a net margin of 2.48% and a return on equity of 10.66%. The firm's quarterly revenue was up 25.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.25 EPS. View Envestnet's Earnings History.

Envestnet is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Envestnet.

Envestnet issued an update on its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of $1.78 to $1.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.81. The company issued revenue guidance of $811 million to $821 million from $808 million to $823 million, compared to the consensus revenue estimate of $817.79 million.Envestnet also updated its Q2 guidance to $0.37 EPS.

9 brokerages have issued 12-month price objectives for Envestnet's stock. Their forecasts range from $48.00 to $70.00. On average, they anticipate Envestnet's share price to reach $57.7778 in the next year. This suggests a possible upside of 0.0% from the stock's current price. View Analyst Ratings for Envestnet.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Envestnet saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,754,083 shares, an increase of 51.7% from the May 15th total of 1,156,476 shares. Based on an average daily volume of 549,119 shares, the short-interest ratio is currently 3.2 days. Currently, 4.0% of the company's shares are sold short. View Envestnet's Current Options Chain.

Some companies that are related to Envestnet include GrubHub (GRUB), The Western Union (WU), CDK Global (CDK), WEX (WEX), athenahealth (ATHN), Fair Isaac (FICO), Etsy (ETSY), Healthequity (HQY), Stamps.com (STMP), MAXIMUS (MMS), Cotiviti (COTV), TriNet Group (TNET), Conduent (CNDT), Ritchie Bros. Auctioneers (RBA) and GreenSky (GSKY).

Media stories about ENV stock have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Envestnet earned a media sentiment score of 0.11 on Accern's scale. They also assigned headlines about the business services provider an impact score of 45.17 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Envestnet's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.63%) and Radnor Capital Management LLC (0.02%). Company insiders that own Envestnet stock include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Institutional Ownership Trends for Envestnet.

ENV stock was sold by a variety of institutional investors in the last quarter, including Radnor Capital Management LLC. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Insider Buying and Selling for Envestnet.

ENV stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. Company insiders that have bought Envestnet stock in the last two years include Charles Roame, Gayle A Crowell and Judson Bergman. View Insider Buying and Selling for Envestnet.

Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ENV stock can currently be purchased for approximately $57.75.

Envestnet has a market capitalization of $2.61 billion and generates $683.68 million in revenue each year. The business services provider earns $-3,280,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Envestnet employs 3,516 workers across the globe.

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]